There are many problems that can arise, and require financial protection, when running a laundry service. These problems go beyond just basic business risks and standard insurance protection, which is why commercial launderers insurance is vital for preparing for many of the possible issues that may come with running a commercial laundry business.
Risks for Commercial Launderers
Because this type of service requires various large and complicated machines, along with handling other people’s items, there are multiple risks that can quickly become a problem. Commercial launderers insurance offers various coverages to protect against these types of incidents.
- Customer clothing is lost or stolen
- Employee is injured from equipment
- Clothing becomes stained or damaged due to an accident
- Machinery breaks
- Fire caused by a buildup of dryer lint, grease on clothing, etc.
- Damage to vehicle or items being transported
Many of these risks are unique to specific businesses, such as laundry services, meaning that basic insurance coverage won’t have the policies to support a business in cases of these types of difficulties.
While general insurance policies won’t cover all the potential risks of a laundry service, commercial launderers insurance is specially designed to cover the distinct risks associated with these businesses. The insurance policies are designed to protect laundry services from the types of problems that are specific to them.